REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment /mo
New
342 Linwood AVE Orillia, ON L3V 2X1
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Orillia
MLS Listing ID S13431266
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,595
Tax Year 2025
Property Sub-Type Duplex
Property Description
Rare opportunity to own what is essentially two homes for the price of one! This unique vertical split duplex offers exceptional flexibility for investors, first-time buyers, multi-generational families, or anyone looking to offset mortgage expenses through rental income. Unlike a traditional upper/lower duplex, the layout could easily function as a spacious single-family home again, offering incredible flexibility for the future. Unit A features 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms, 2 bathrooms, a fully finished basement, and walkout access from the kitchen and living area to a covered deck overlooking the private backyard. The perfect house hacking opportunity, live in one unit while rental income from the other helps offset your mortgage, or maximize cash flow by renting both units. One unit is currently tenanted while the other is vacant, providing immediate flexibility for owner occupancy or market rent potential. Complete with a private backyard, covered deck, and separate storage shed for each unit, this well-maintained property is ideally located within walking distance to schools, shopping, parks, and public transit. A rare opportunity combining lifestyle, income potential, and long-term flexibility in one exceptional property.
Location
Province ON
County Simcoe
Area Simcoe
Zoning R2
Rooms
Family Room No
Basement Separate Entrance
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Primary Bedroom - Main Floor
Cooling Central Air
Inclusions 2 fridge, 2 stove, 2 washer, 2 dryer, all electric light fixtures, 2 storage sheds,
Exterior
Exterior Feature Deck, Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 41.0
Lot Depth 116.4
Total Parking Spaces 3
Building
Foundation Block
Others
Senior Community No
ParcelsYN No
Listed by LPT REALTY